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This book is a study in the history of economic thought. It deals with the economics of exchange, that is, with prices, wages and interest rates. Those who pay a certain price or interest rate, or work at a certain wage, may agree to do so because they are in economic need. They are thus in a sense compelled and not free to choose. This problem was first discussed by teachers in the medieval universities. This book follows the discussion from the Middle Ages to the present.

This book is a study in the history of economic thought. It deals with the economics of exchange, that is, with prices, wages and interest rates. Those who pay a certain price or interest rate, or work at a certain wage, may agree to do so because they are in economic need. They are thus in a sense compelled and not free to choose. This problem was first discussed by teachers in the medieval universities. This book follows the discussion from the Middle Ages to the present.

This monograph grew out of research at Xerox PARC and the Center for the Study of Language and Information (CSLI) during the first year of CSLI's existence. The Center was created as a meeting place for people from many different research traditions and there was much interest in seeing how the various approaches could be joined in a common effort to understand the complexity of language and information. CSLI was thus an ideal environment for our group and our enterprise. Our original goal was to see how a well-developed linguistic the- ory, such as lexical-functional grammar, could be joined...